From Mongolia to Silicon Valley: A Venture Capitalist's American Dream


Author: Andrew Keen December 4, 2025 Duration: 50:26
Podcast episode
From Mongolia to Silicon Valley: A Venture Capitalist's American Dream

If you think the American Dream is dead, then you probably don’t know the story of Lu Zhang. Born in Mongolia and educated in China, Zhang came to Stanford as a graduate student, struck it rich as a young tech entrepreneur and is now managing partner of her own early-stage venture fund. In our conversation, Zhang makes a compelling case for why Silicon Valley remains the world’s most important innovation ecosystem—even as she warns that restrictive immigration policies threaten to strangle the very talent pipeline that made her remarkable success possible. She’s bullish on AI, bearish on energy infrastructure, and refreshingly candid about the capital market bubble that everyone in tech pretends doesn’t exist. So does Zhang really exist or is she a bot designed to promote the American Dream? She says she’s real. I believe her. Do you?



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

More episodes

Duration: 45:06
EPISODE 1712: In this KEEN ON show, Andrew talks to Simon Johnson, co-author of POWER & PROGRESS, on what we can learn from our 1000-year struggle over technology and prosperity to make our age of Generative AI more equi…

Duration: 33:50
EPISODE 1702: In this KEEN ON show, Andrew talks to Bethanne Patrick , the LATimes book critic, about eight non-fiction books she recommends for the Fall. Bethanne Patrick maintains a storied place in the publishing indu…

Logo
Select station
VOL